Economic Briefing – February 2017

Positive economic conditions in Nevada were evident in the housing market last year as several key metrics continued their upward trends. Specifically, key indicators such as price appreciation, home selling activity, and non-distressed sales showed notable growth, solidifying the return of a stable housing market as the state enters a new period of rising housing demand.

According to the most recent data from Federal Housing Finance Agency, home prices in Nevada reported positive annual growth that pushed the home price index up by 7.8 percent in the third quarter of 2016, which ranked Nevada as seventh in the nation in year-over-year home price appreciation. That year-over-year growth is responsible for increasing the median home price in Nevada.

Related Posts

Hosted by Nevada State Bank, we're a one-stop digital resource center for business owners, executives and entrepreneurs. Looking for advice from nationally known financial experts? Want to view on-demand webinars on topics your company may be able to translate into success? You’ll find what you need here.

Nevada Small Business

Newsletter Signup

Signup to receive periodic newsletter updates*

Follow Us

The information contained herein may not represent the views and opinions of Nevada State Bank or its affiliates. It is presented for general informational purposes only and does not constitute tax, legal, or business advice. Clicking any of the links to 3rd party sites will direct you to a website that is not affiliated with Nevada State Bank or Zions Bancorporation and may have a different privacy policy and level of security. Nevada State Bank and Zions Bancorporation are not responsible for, and do not endorse or guarantee the privacy policy, security, accuracy or performance of that site or the information, products or services that are expressed or offered on the site.

You are about to leave Nevada State Bank's website and be directed to a website that is not affiliated with ZB, N.A. dba Nevada State Bank or Zions Bancorporation and may have a different privacy policy and level of security.

ZB, N.A. and Zions Bancorporation are not responsible for, and do not endorse or guarantee, the privacy policy, security, accuracy or performance of the third‐party's website or the information, products or services that are expressed or offered on that website.